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Kye-Ryong Construction Secures KRW185 Billion Gyeongchun Highway Construction Contract

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Kye-Ryong Construction Industrial (KRX:013580) secured a 184.8 billion won construction contract for the second Gyeongchun National Highway project, according to a Wednesday filing with the Korea Exchange.

The contract with the Public Procurement Service, Seoul Regional Office of Construction Management, Ministry of Land, Infrastructure and Transport, represents 6.4% of its 2025 consolidated sales.

The construction is scheduled between Sept. 1, 2026, and Aug. 29, 2033, and the contract includes progress-based work payments.

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